Cachet Pharmaceutical Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 27, 2020 at 11:43 pm IST
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Cachet Pharmaceutical Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 22,186.572 million compared to CNY 17,959.885 million a year ago. Operating income was CNY 891.103 million compared to CNY 777.168 million a year ago. Net income was CNY 375.957 million compared to CNY 327.633 million a year ago. Basic earnings per share from continuing operations was CNY 1.44 compared to CNY 1.31 a year ago.
Cachet Pharmaceutical Co., Ltd. is a China-based company, principally engaged in the wholesale and retailing of pharmaceuticals. The Company mainly operates pharmaceutical wholesale business, which is engaged in the distribution of pharmaceuticals to the hospitals and community hospitals, and medical equipment sales business. In addition, the Company is also engaged in the pharmaceuticals retail business, which operates regular chain drug stores. It is also engaged in the pharmaceutical logistics, including sorting, storage and delivery services. The Company operates its businesses in Beijing and others.
CACHET PHARMACEUTICAL CO., LTD. 
